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21e6 Capital's report suggests that Bitcoin maximalism has been the optimal way to invest in crypto.Regarding the crypto market, it appears that the simplest investing method – holding Bitcoin...
In July, see here, we found using the Elliott Wave Principle (EWP), “Bitcoin (BTC) rallied strongly last Thursday, [July 13], only to erase all of those gains a day later. That smells, per the...
Bitcoin, Ethereum are both in a downtrend Ahead of crucial inflation data, both cryptos are trading within key support levels The data release is set to cause volatility to spike for the cryptos In...
The price of Ripple, the fifth largest cryptocurrency by market cap, doubled in a matter of hours on July 13th. The reason for this sharp surge was a court ruling that XRP is not a security in and of...
I just returned from an invigorating week in hot and humid Miami, Florida, where I was privileged to present at the Mining Disrupt conference. This annual event attracts the who's who of the digital...
The first half of 2023 was quite eventful for the global financial markets and the crypto industry. Macro factors, particularly inflation, continued to play a major role, and while the US Federal...
Bitcoin has traded in a range for a month, testing the lower band Meanwhile, Ethereum recently bounced off critical support Fed's press conference is key for both cryptos Bitcoin has been in a...
At the end of June, we found using the Elliott Wave Principle (EWP) that Ethereum (ETH) was developing an almost picture-perfect Fibonacci-based impulse pattern, and:“[A]s long...
Bitcoin has traded within a narrow range between $30,000 and $31,500 for a month The crypto may undergo another correction before eyeing higher levels Meanwhile, Ethereum has found it difficult to...
Bitcoin is still hovering above $30,000, and although it experienced a slight pump on the CPI release update, the momentum was short-lived.But what's more interesting is a recent price projection by...
London-based banking corporation, Standard Chartered (OTC:SCBFF), adjusts its Bitcoin prediction for 2024 from $100,000 to $120,000, citing increased miner profitability.Standard Chartered has raised...
Ahead of US inflation data, Bitcoin remains trapped in a sideways trend Ethereum, on the other hand, remains bullish Will a favorable CPI spark a rally in both cryptos? Bitcoin has been stuck in a...
As the Bitcoin/Gold Ratio reaches 16.0, it calls up a crucial area, equivalent to two major inflection points in Bitcoin's past: The 2018 top and; the 2021 summer bottom.What will it be this time? A...
Global markets are still facing headwinds, with the latest Fed minutes revealing that the decision to pause the 10-month consecutive rate hike was vigorously debated.Following the hawkish sentiment of...
Bitcoin continues trading sideways Meanwhile, Ethereum remains volatile Overall, bulls are very much alive for both cryptos Bitcoin's attempts to break above $31,000 have been feeble in the past week....